Prathamesh borrowed certain amount from Gururaj. The difference between simple and compound interests compounded annually on that sum of money for 2 years at 4% per annum is Rs. 1. The sum is:
1
Rs 625
2
Rs 500
3
Rs 600
4
Rs 450
5
None of these
Prathamesh borrowed certain amount from Gururaj. The difference between simple and compound interests compounded annually on that sum of money for 2 years at 4% per annum is Rs. 1. The sum is: